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is beginning to take shape around, yes, of course, the repeal of obama care. and last night at a heritage foundation defund obama care event in texas, senator ted cruz tried to rally conservatives. >> what happens next is president obama and harry reid are going to scream and yell those mean, nasty republicans are threatening to shut down the federal government. what has to happen after that is we've got to do something that conservatives haven't done in a long time. we've got to stand up and win the argument. why is it that every reporter in the media and a significant percentage of republicans assume with an impasse that president obama will never, ever, ever give up his principals so republicans have to give up theirs. if you have an impasse, you want to know one side or the other has to blink. how do we win this fight? don't blink! >> by the way, cruz was heckled at that event by people saying they wanted health care as well, but there were more supporters, as he said, than there were hecklers. earlier, though, former u.s. senator jim demint and president of the heritage foundation sa
that the syrian government has used chemical weapons against civilians, president obama has asked the department of defense to prepare a variety of military options in response to the situation in syria. at least two senators are also calling for military action. elizabeth prann is following the latest on that. >> hi, shan n no. president obama and the international community has said the damage has been done. this as they agreed to allow inspectors to the outskirts of the city of damascus where the alleged chemical weapons were deployed. a senior u.s. official says it leads to a lack of credibility which begs the question what action if any will the president make? the officials say the president is waiting to make an informed decision about how to respond. some lawmakers say it is time to take action now. >> we have to act rather quickly. i think the horrific killings of people, murdering his own people and he has been doing it for awhile now, but obviously the gas that was used to kill his own people, i think we have to respond. rehave to respond in -- we have to respond in conjunction with o
obama has asked the defense department to prepare options for all contingencies. we have done that. and again, we are prepared to exercise whatever option, if he decides to employ one of those options. >> we have two reports on these new developments. nbc news's kristen welker and amaa reporter also. >>> what's the latest and what are the options being considered. >> reporter: the white house, you're absolutely right, saying there's little doubt that chemical weapons were being used by the assad regime. they're reacting to the fact that the syrian government will let u.n. inspectors into the alleged site of the chemical weapons attack. the white house expressing concern that it could be too little too late. they say that area has been shelled for five straight days. here's a statement from the administration, an administration official, that we just got this morning. this avenue says, quote, at this juncture, any belated decision by the regime to gran access would be considered to late to be credible including because the evidence available has been significantly corrupted as a res
increases even before there was such a thing as obama care. if you look at the specific fees cited by u.p.s. as a reason for dropping them they are a pittance compared to what the rise in health care has been. it raises the question to me just because the possibility, because they are saying it's because obama care, maybe it's an opportunity for the company to save some money and pin it on something controversial. >> we should consider that this sort of thing should have been anticipated and very easy to blame the companies but in fact the policy may be flawed. a lot of companies, large franchise companies saying that their franchisees will most likely once obama care kicks in reduce flows fewer hours because of the health care costs. you would think when they were planning -- when they were planning for this they would have anticipated these sorts of things. there's this poll in july that the "wall street journal" did, the commission showed 47% of the american people is against obama care at this point. support for obama care is down to 34%. then these stories come out. you get the sen
over to wolf blitzer in "the situation room." >> happening now, president obama strongly defends government surveillance but says he'll work to protect privacy rights. and a possible u.s. government shutdown. we have it all covered for you this hour. >> the hunt for the california amber alert suspect and the 16-year-old girl he may be holding captive moves to the idaho wilderness after horseback riders report a possible sight ing. >> and the great white sharks, imagine pulling one on to your boat. that's what some researchers are trying to do. i'm wolf blitzer. you're in "the situation room." we begin this hour with president obama. he says america is not interested in spying on ordinary people. following leaks revealing massive government snooping programs, he says he's acting to boost confidence in national security, surveillance, working with congress to make it more transparent. >> i'm going to be pushing the i.c. to do, rather than have a trunk come out here and a leg come out here and a tail come out there, let's just put the whole elephant out there so we can see what's wo
evidence and now, of course, what comes next, barack obama is now moving closer to military strike. "boston globe" also talking about a coming military strike. it looks like it's probably going to happen. let's get to news. >> top u.s. officials now say chemical weapons were used in da masses cas and the president is considering a limited military strike on select targets inside the country. yesterday u.n. inspectors visited the site of the attacks and though low expectations for what their probe will uncover, secretary of state john kerry says there is little doubt as to what happened there. >> what we saw in syria last week should shock the contents of the world. p it defies any code of more reality. let me be clear. the indiscriminate slaughter of civilians, killing of women and children and innocent bystanders by chemical weapons is a moral obscenity. the reported number of victims the reported symptoms of those who were killed or injured, the firsthand accounts from humanitarian organizations, these all strongly indicate that everything these images are already screaming at us, is real
could strike again as president obama hold a meeting to weigh the options on a high-level strike in syria. we all await his decision as does the world. martha: we have new reports from the "wall street journal" that the white house is moving quickly on this because they have reason to believe syria is planning to launch another chemical attack in the country's largest city aleppo. wait wants to accomplish with action. molly henneberg is live at the white house leading our coverage. what is the white house saying? >> the u.s. has to get involved because the world community cannot leave a chemical attack or chemical attacks plural unanswered. but the white house says the goal is not to out of syrian president bashar al-asaad. even though the obama administration believes this is not the only chemical weapons attack by the regime this year. >> the options being considered by the president and his national security team are not around the question of whether chemical weapons were used in syria on a massive scale causing death and injury to innocents women and children. its many not w
. it is a folly built on a fantasy that doing this is going to get the approval of the senate and barack obama. it is never going to happen. so you are going to shut down the government for no reason. yesterday mitt romney weighed in on it. >> the former presidential candidate told a group of donors that the plan led by conservatives would hurt national security. that doesn't make it easy for some republican lawmakers like north carolina congressman. >> this is what the tea party wants to know. will you vote with mike lee to defund obama care? yes or no? i want yes or no. no. >> we need to show the american people we stand for conservative values. >> this guy has probably voted to get rid of obama care 20 times. i mean, they take the vote every week. >> 40 times. >> they voted 40 times. so you now have this happening all over america. i said it the other day. i know there are stupid people on the internet and they have to do something. >> they don't like your pants. >> they are wandering the streets, going to get hit by cars or in mama's basement. rather than be in mama's basement writing stup
to attack obama care because they want to hurt america. >>> a freshman, watch this, sinking an amazing half-court shot. that's only half the story. the other half of the story may be better. we'll tell you what his future will look like at that school. "fox & friends" begins right now. >>> good sunday morning, everyone. welcome in to "fox & friends," tucker carlson anna kooiman, clayton morris. >> good morning. >> we want to congratulate a new sports network. >> fox 1. >> find that on the cable dial. congratulations to them. they are kicking off. we wish them well. next year there will be fox sports 2. they will be two years old. >> i see. he'll be here all week, all morning for the next four hours nim. we have a fox news alert to get to. egypt braces for another day of bloody protest after security forces storm a mosque in cairo. protesters and armed men barricaded themselves inside. hundreds died in bloody street battles this week including the son of the muslim brotherhood spiritual leader. this as the egyptian government considered out laug the brotherhood just a month after it held pow
. america has come a long way in 50 years. and the fact that barack obama is president of the united states means we can finish this journey toward what dr. king dreamed about. >> i can't help but think 50 years lighter all the things that martin luther king talked about are in place, racism, poverty, inequality. to see an african-american president up there in front of the lincoln memorial today. think about barack obama who had just turned 2 a few weeks prior when the speech was made. his mother and probably his grandparents were watching it, living in a segregated country where fire hoses were turned on americans. what a moment today. put the politics aside. to see that man 50 years later standing on the same step where martin luther king stood. >> it is amazing. wla last night he had a reception at the white house. when i waps standing in the east room and they brought in dr. king's sister and i saw the picture of george washington and looked at president obama it brought tears to my eyes. i was only 8 years old when the march happened. they never could have dreamed that the president o
machine for a triumphant return to washington in the never-ending west to defund and destroy obama care. >>> plus a texas megachurch where ministers push faith healing over vaccinations is now at the epicenter of a measles outbreak. why science is being ignored and kids are now paying the price. all that ahead. >>> but we begin tonight with the drumbeat for u.s. military strikes against sere wra. in just the last 24 hours since we last talked to you, a consensus among the united states and its allies has hardened remarkably quickly and it is apparent there will be military action against syria possibly by the end of the week. >> there's no doubt who is responsible for this heinous use of chemical weapons in syria. the syrian regime. the president believes, and i believe, that those who use chemical weapons against defenseless men, women and children, should and must be held accountable. >> that was, of course, vice president joe biden, who used a previously scheduled speech before the american legion to make those remarks. at the white house, spokesman jay carney was in day two of setti
, repeat, decline in median income in the obama years. averaging income down even more, and there's more on that. two big-name employers cut health care coverage because of obamacare. do you remember that promise, you could keep the coverage you like, not happening. today, the president starts a bus tour, speaking to friendly college audiences. he'll push a free ride for college students, funded in part by taxpayers. that is the theme of the show today. the middle class, struggling big time and getting more of the same from the president. "varney & company" about to begin. ♪ make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using active trader pro today. >> 11:15 eastern this morning. mark that time. president obama will make his pitch to the middle class. his bus tour of college campuses in new york and pennsylvania will start today. here is the talking points. more of the same. tax and spend policies, but here is the reality. since the president took office, unemploy
and a moral obscenity. on august 20, 2012, president obama said that the use of a, quote, whole bunch of chemical weapons in syria would be a red line. now almost exactly a year later tens of thousands of lives have been lost. secretary kerry now says the president is talking with members of congress and key allies to make an informed decision on a response. meanwhile, half of americans can't even find the country on a map. that is not an exaggeration. recent polls show overwhelmingly that americans simply do not want to get involved in syria. it should be noted also that secretary kerry's tough language came before inspectors from the united nations could return any findings from syria. those inspectors ran into some danger of their own while examining one of alleged sites of this chemical attacks. fred? >> reporter: it was a pretty tough day for the u.n. weapons inspectors but they said also quite a productive day. their car came under fire right after they left from the hotel they were staying at. they said all of this happened in the buffer zone between the area controlled by the
. the latest on the crisis in syria and it appears that president obama may be ready to make a military move there. that's because he has reportedly ordered a declassified report justifying a strike there. kelly wright has the latest for us. >> reporter: it's very serious indeed. the united states says the chemical attack sun denile. president obama therefore is indicating that he may order a military strike against syria to punish the regime for crossing the so-called red line, inflicting harm on its own people by using the world's most heinous weapons. john kerry says the attack goes beyond the conflict in syria. he says serious actions to use chemical weapons should shock the conscience of the world. >> let me be clear. the indiscriminate slaughter of civilians, killing of women and children and innocent bystanders by chemical weapons is a moral obscenity. by any standard, it is inexcusable and despite the excuses and equivocations that some have manufactured, it is undeniable. >> reporter: in fact u.n. inspectors on the ground in syria had to take cover as some snipers fired on one of th
officials say once they get the order they could be ready to go within hours but while obama administration officials continue to verbally hammer bashar al assad we're still waiting to get the hard evidence that he's responsible. the latest warning to syria comes directly from the white house. >> those who use chemical weapons against defenseless men, women and children, should and must be held accountable. >> reporter: another sign to expect action, u.s. officials all but telling u.n. inspectors, get out of the way. >> and it's clear the security situation isn't safe for the team in syria. >> reporter: the defense secretary told the bbc u.s. ships are positioned, preparations complete. >> we are ready to go. >> reporter: and a defense official tells cnn if the president chooses the most limited option, it could be over in two to three days. cruise missiles could target syria's weapons launchers and command and control facilities, but that's it. >> the options we are considering are not about regime change. >> reporter: and this some say could backfire on the white house. >> it may give bas
days, president obama's national security team will present him with its final detailed options. the administration is already making the case for taking action against syria. >> presidnt obama believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. >> reporter: secretary of state john kerry accused the assad regime of gassing its own people and called it -- >> moral obscenity. >> reporter: if the president gives the order a senior defense officials says four navy destroyers in the mediterranean sea could execute a mission within hours. u.s. and british submarines are also likely nearby, all armed with cruise missiles. the extremely accurate tomahawks can be fired from 500 miles away, with an ability to change course in mid flight. the potential targets include the delivery systems that can be used to launch weapons, militia training camps being run by bashar al assad and most importantly, the syrian government's command and control centers. >> allahu akbar! >> reporter: they are not designed to o
. don't we love him for it? thank you so much. no pow wow with putin. president obama has yet to sit down with the president while attending the g20 summit in the country. a california city testing a fix for underwater mortgages, imminent domain. you can't make it up. it's a battle royale with the banks landing in court. medical information exposed. the rush to implement obamacare put sensitive records at risk. see it to believe it. the manning brothers rapping their way through a new commercial for direct tv. literally rapping. ridiculous. we'll show it to you anyway. all that and so much more this hour on "markets now." ♪ >> stocks down, worrying about a pull back from the federal reserve. is this what the month will be like? adam, answer me that. >> there's been a lot of people who have been talking about a four to 8% pull back, a correction. who is winning and losing? the s&p down ten points, dow down 70 points, but leading the charge on the dow, at least some to the positive. united technologies, chevron, merck, they are up now, but the big losers on the dow this morning, disn
room." >>> john, thanks very much. happening now, breaking news, the obama administration taking its strongest stance yet against syria. the secretary of state, john kerry, making it clear he has no doubt chemical weapons were used and there must be accountability. also, desperate efforts under way right now to save yosemite national park from an historic wildfire that's already scorched an area the size of chicago. and a rare interview with the oldest justice on the u.s. supreme court. why ruth bader ginsburg said this court is, quote, one of the most activist courts in history. i'm wolf blitzer. you're in "the situation room." >>> indiscriminate slaughter of civilians, the killing of women and children, innocent bystanders by chemical weapons is a moral obscenity. >> jarring words by secretary of state john kerry. the white house says there is very little doubt the syrian regime is responsible for that attack and president obama is now evaluating how the united states plans to respond. it all comes on the same day u.n. inspectors, despite sniper fire, managed to visit one of the ar
] lasting freshness. >> let's kick off the show with breaking news. the ap reports that president obama is canceling his meeting with russian president putin over tensions because of the nsa leaker edward snowden. russia granted snowden one year temporary asylum last week. we didn't like it, the meeting off. let's get the policy, president obama's plan to keep the hougs recovery going, here it is, winding down the role of fannie and freddie and give private banks a bigger role in lending. he wants more loans for credit buyers and exert more control over the bank telling them what to do. if things go wrong, the taxpayer will still have to back the housing industry. social engineering like we had ten years ago, yes, say the critics. others support it. but remember this, do you remember this from a few weeks back, the government is using census data for a fair housing rule. they're making a racial map of every neighborhood in america, grabbing demographic data to make sure there is no inequality. special engineering and housing back at the top of the president's agenda. let's get to the ma
with a fox news alert. the investigating chemical weapons have left syria. president obama says it's our obligation to act because it's a a threat to our national security. we have all those defor you next. >> call it uneducation of america. elementary school teaching kids the government is your family. tell you where big brother is taking on a whole new meaning. >> and the unlikely reunion no one saw coming. the man inside the bun coming up. he is revealed. "fox & friends" on this saturday morning starts right now. >> alisyn: good morning, everybody. thanks so much for joining us bright and early on this very important news weekend. so much is happening now that investigators have left syria, anything could happen at any moment. let's get to a fox news alert and the latest on syria for you. the u.n. team investigating the chemical attack has left the country as the obama administration the syria carried out a chemical attack. elizabeth prann is live for us in washington. >> completed four day investigation. the team collecting and carrying various samples for lab analysis to determine i
that is because president obama is pushing for a sir charge. good morning peter when you look at your cell phone bill as it is there are already all kinds of sir charges. what's this one about? >> this is about a new plan. the white house wants to put internet in 99 percent of the nation's school within five years for connect ed. the technology is there so why not. the administration wants you to pay for it. the money for this plan comes from jacking up every american's cell phone bill. >> probably on the order of $5 or less a year on cell phone numbers on an individual cell phone owner. >> this sir charge does not need congressional approval. although president obama does need a thumbings up from the fcc which is independent. >> the president twice said he directed the independent regulatory agency to spend this money and raise these taxes and that is simply not within his power to do>> there is one fcc commissioner to say the white house plan may have flaws. >> if the school wants to connect the money to all classrooms as opposed to a particular classroom with one gig bite we should be able to
and information to prepare. president obama does not need the approval of congress to strike. he may want to consult congress. president does not need to go to congress and less he really wants a declaration of war or it will be a prolonged military operation. connell: they basically tipped their hands and some ways but what they want to do in syria. what does that tell you about the goals and what does it tell you about what it would like to accomplish? >> it tells us this is more about pageantry. we are not seeing a real strategy, not a military strategy, not even an object this. which fashion do we want to prevail in syria? it seems like the obama administration has gotten tired of the chorus. connell: it brings us to another point. what are the ramifications of that action? we talk about the economy and how it affects the financial market. israel certainly is concerned. is there this element of cyber warfare? you basically called it saying this army would either retaliate or get out ahead of it. will we see more of this? >> i would expect to see that. assad has a tremendously capable
missiles would be on the way in. president obama may not have the support of security counsel or great britain norp the majority of the american public. he sounds, however, like a man who decided to act. >> we have consulted with allies. we have consulted with congress. we've been in conversations with all the interested parties, and in no event are we considering any kind of military action that would involve boots on the ground, that would involve a long-term campaign, but we are looking at the possibility of a limited, narrow act that would help make sure that not only syria but others around the world understand what the international community cares about maintaining this chemical weapons ban and norm. >> limited narrow, no boots on the ground. that's what the president said. there is, however, the capacity for more. barbara starr who joins us shortly learned the uss san antonio is in the mediterranean with 300 troops aboard. certain, that the facts on the ground will justify the response. >> the american intelligence community has high confidence, high confidence. this is common
's war fatigue is not, in his mind, an excuse for inaction. >> president obama will ensure that the united states of america makes our own decisions on our own timelines based on our values and our interests. we know that after a decade of conflict, the american people are tired of war. believe me, i am, too. but fatigue does not absolve us of our responsibility. just longing for peace does not necessarily bring it about, and history would judge us all extraordinarily harshly if we turned a blind eye to a dictator's wanton use of weapons of mass destruction against all warnings, against all common understanding of decency. these things we do know. >> john kerry's extremely strong statement this afternoon seemed to leave almost zero doubt the white house intended to act unilaterally in syria with a military strike, but then rather confusingly, it was almost immediately followed up with a statement from the president, himself, at an event with baltic leaders that if not substantively opposed to kerry, the opposite in tone. >> the world has an obligation to make sure that we m
on money at reasonable rates. but they are not. president obama holds a news conference today. my prediction he runs out the clock and runs out the door for a vacation. with fidelity's guaranteed one-second trade execuon, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in e first place. [ male announcer ] one pill each morning 24 hours. zero heartburn. stuart: obamacare, you really don't like it. 57% of those surveyed say implementation, putting the thing in its place, is a joke. 63% say congress needs to keep working to change the law, 31% say it is time to move onto other issue
. waiting to address congress on this issue, 6:00 tonight when obama administration officials will brief congress about the intelligence and perhaps what it plans on doing from here. the administration says this week it will make public intelligence they have showing the syrian regime used chemical weapons but when you talk about the impending action may be taking place, you have the president of the united states and across the ocean the prime minister of britain both selling intervention. >> we said stop doing this, that can have a positive impact on our national security over the long term. may have a positive impact on chemical weapons not used again on innocent civilians. >> it is this house that will survive what steps we next take if you agree to the motion i have set down, no action can be taken until we heard from the u.n. weapons inspectors and there has been further action at the united nations and another vote in this house. those of the conditions that we the british government, the british parliament are setting, and it is absolutely right that we do so. rich: the british p
. trying to thread the needle, here is what president obama said? >> it's entirely consistent to say that this tightly organized and relatively centralized al qaeda that attacked us on 9/11 has been broken apart. and is very weak and does not have a lot of operational capacity. and to say we still have these oorge regional organizations like aqap, they can pose a threat. >> aqap of course is al qaeda in. during the last presidential campaign he saw political advantage in telling america that the terror threat had been mittgated and now that he is responsible for protecting the country he admits it has not. >> as though the americans care about the organizational structure of al qaeda, what they care about is whether al qaeda can still kill americans. >> who is ho is there cte? >> the hierarchy of the chain of command is not that interesting to average measures. they want to know if we are still threatened by them and it sounds like of course we are. >> here is some hard facts for you much the state department released some numbers a few weeks ago that showed that al qaeda and the ara
their work. president obama says is short strike he believes will be effective. >> if we're saying in a clear and decisive but very limited way, we send a shot across the bow staying stop doing, that can have a positive impact on our national security over the long term. bill: molly henneberg leads our coverage live on the north lawn. poly, there will be more meetings today there, but this one is with leaders from congress, and what do we know about that meeting today? >> reporter: the president will two more in depth what the white house is saying all week. that this was a chemical attack they believe, that the u.s. can not let it go unanswered and the president is expected to lay out to congressional leaders his options and classified intelligence behind these options. there may be declassified version of intelligence released to the american public later today. the president will confer with top congressional leaders either in person or teleconference late this afternoon. sources tell fox the intelligence is not clear whether syrian president bashar al-assad was behind the attack or ordere
not know already. is it enough to move? >> i think at this point it is pretty clear that all that obama can count on is the french. at least the head of the country is with them. i think he really needs to convince our own people of the need for this. this request is really more about 2003 in iraq and 2011 in libya. the congress does not want to be cut out of this decision. connell: they had a real big argument over it. >> it is not clear what is going to happen. we have a lot of democrats and republicans saying we do not want to be committed to a military action whose strategy and consequences at this point cannot be foreseen. connell: i do not know if it is a tough spot, but the president backed himself into a corner. it seems as though action is necessary. there is no turning back at this point. >> i think that is absolute crap. the idea that the president, to bolster his personal credibility would stab our military to attack another country. there is no imminent threat to america. there is no reason not to consult congress. obama is doing the same things that he criticized bush for. bus
to defund obama care. so ted cruz, he's a player. >> just ask him. >> no. listen, he's going to iowa and people are going -- >> people like him. people are excited about him. >> why? >> i think he taps into -- >> because he's a cade nade yan. >> the sinking sarah palin base, people that were excited about sarah palin, have now transferred to ted cruz. >> and michele bachmann. >> so that is a vibrant part of the republican party, love them or hate them, they look every two to four years for someone that will champion their animosity towards the large federal bureaucracy. >> it's resentment. >> animosity. >> resentment. but it's the sarah palin supporters, the herman cain supporters in a sense the donald trump supporters. you line them all up and that's -- and we have people going out there -- who knows. maybe cruz is going towards 2016 more powerful because instead of tripping over, you know, sarah palin and herman cain and michele bachmann and all these other people, maybe he has that space all to himself. >> but what -- >> and then there's rand paul the libertarian. >> which is so m
obama will present the highest military honor to staff sergeant ty carter. the army says carter killed enemy fighters, risked his own life to save a wounded surgery. carter will be the fifth living recipient of the award for service in iraq or afghanistan. >>> check out a cat getting in trouble. he manages to use his paws. this, i didn't see you there. i'm sorry. let me put that back where it was. cats have so much personality. they often don't get credit for their smartness. >> you should get credit for your cat voice. >> maybe i should look into doing voice overs. >> you don't have enough to do in your day? >> i have free time. >>> when we come back the donald now the defendant in a $40 million lawsuit over his real estate school. is it a scam? we have the details ahead. >>> forget the winners at the mtv music awards. the buzz is all about miley, gaga. everything you need to know about the big show. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable up
, at the center of the housing bust but wiped out $7 trillion in homeowner equity. mr. obama have another plan to stabilize and boost the housing market. lori: newspapers, a new status symbol for billion is looking to flaunt their wealth. amazon's jeff bezos be with the washington post. dennis: the fight with george soros and carl icahn ran the. charlie gasparino as the long and short. time for stocks as we do every 15 minutes left head to the floor of the stock exchange, adam shapiro, stocks down. adam: not as bad as they were earlier. we are off of session lows and may go above 1700. one of the reasons the dow is down 82 points is ibm pulling but dow down and ibm is down 2.2% accounting for 34 points of of the dow but not only the biggest loser on the dow, they got a downgrade which says their stock price could go as low as $175 a year -- a share, a big fall down is ibm and one issue is people don't want their mainframes as much as they used to. lori: the windy city has one of the most poorly funded pension systems in the country, 50% underfunded. no solutions so far. could be the next major
, this is obama presidency, second term legacy building. this is a chance for the attorney general, eric holder, who is probably leaving office in the next few months and for the president to do something i think they want to be remembered for. this is something the president and the attorney general apparently have been talking about for several years. so you see i think an effort here on the part of the attorney general eric holder to leave office perhaps with something other than fast and furious to be remembered by. >> it's a huge deal. i was a little surprised that eric holder made the announcement instead of the president of the united states. you've covered the justice department and you're new to cnn, you use to work at the wall street journal. were you a little surprised the president let eric holder do this as opposed to the president making the announcement? >> i think it's one of those things that the president of the white house wanted to make sure the attorney general gets some kind of press conference, something he can be remembered for other than. so scandals. >> excellent point
. lee, do you think america is more or less racist country since barack obama became president? >> wow, that's a powerful question. i think that people are angry that he's president, and i think that they are showing their true colors, and i think that -- i think that you know when danny strung wrote those words, any black man could be killed by any white man and get away with it, trayvon martin had not happened. i end the movie with hope. you know, he's walking down and obama is giving that famous speech, you know, and i come out of my edit room and trayvon martin has happened. so yeah, i think, i think so. sadly, i think so. >> very provocative but if you're watching at home and want to give me a view, tweet me at piers morgan. i got a tweet in from the last segment from robert zimmerman tweeted me saying very tragic about the shooting incidents but remember bans would have done nothing to stop either but of course had you banned assault weaponsapplyed to potentially both the cases. i understand he has a view, but i don't agree with it. the question whether barack obama's a sent to t
economy. >> remember this morning from president obama to syria. it was about a year ago. >> we have been very clear to the assad regime but also to other players on the ground that a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized. >>brian: after wednesday's alleged chemical attack it looks like the red line has been crossed again. for the u.s., it now seems to be preparing for a cruise missile launch perhaps. so what would an attack look like? joining us is fox news military analyst lieutenant general thomas mcinerny. general mcinerny, what do you think we should do? what's our best approach right now? >> well, i think we need to back the right team, and the supreme military council under general idr i s is the wrong team. they are muslim brotherhood booked by the kataras. the team we want to back is under colonel riad. let's talk about an air campaign. fundamentally similar to if we back the right people. if we don't back the right people, don't do it. here's what i would do. lay a host of upward of 200 tom hawks and conventional air
mayor, who is well on his way to become the first elected african-american senator since barack obama may not want to put his campaign in cruise control just yet. it looks like the curtain is opening for the next act in the rise of cory booker. as the heavy democratic favorite on primary day in the race for new jersey senator, booker stayed on message. >> the great thing about this election that really has me encouraged is i really want to be a different type of senator. >> reporter: much in the wave bo -- way booker has been a different kind of mayor of newark, for example, shoveling snow for his constituents. or running to the rescue of a woman trapped inside her burning home. much of it chronicled to the more than 1 million followers on booker's twitter page. it's no wonder his campaign is snowballing, with endorsements from celebrities like eva longoria, fund-raisers from oprah winfrey. after his speech of the democratic convention -- >> this is our american mission. these are the dreams of our mothers and fathers. >> reporter: many wonder if he'll follow in the foot steps of anot
, and the obama administration saying it is ready to act in syria if needed. secretary jack lew on squawk saying moments ago the president will not negotiate over the debt ceiling. >>> good news for tiffany, and luxury, in that it was boosted by sales in china. >>> and the end of the era, bill ackman is bailing on jcpenney, and they are looki in ing to ses shares. >> and we will look at the new home sales to be released. >>> treasury secretary jack lew telling our own john harwood that the president will not e negotiate over the debt limit which could be reached in mid-octob mid-october. take a listen. >> we won't be negotiating over the debt ceiling and congress has authorized funding and committed to expenditures and now the question is do we pay the bills that the united states has incurred. it is the only way for that to do is for congress the act and act quickly. what we need in the economy is certainlity, and we don't need a self-inflicted wound or crisis at the last minute. congress should come back, and they should act. >> jim, they say when it rains, it pours and government is part of t
the u.s. would have to go it alone at this point if president obama wants to take action. the threat of that right now seems to be lessening a little bit. plus, of course, it is a friday before a holiday weekend so things are going to typically be quiet here. traders say before everybody gets back next week and the news flow really starts again. now, what's interesting though is we are seeing a little bit of a shift. the positive data out of the united states. that gdp number is keeping the dollar near a four-week high against the major currencies. of course, we are watching gold prices while we are under 1400, that critical level still hasn't been a bad month for gold. the second b consecutive month that we are going to see a gain for it. kelly, back to you. >> all right, jackie. thanks very much for that. >>> straight ahead, big lots seeing some big gains this week and spiking after reporting earnings are the big box retailers the best way to play retail? we'll talk about that. >>> plus, the government says it will not stop people in colorado and washington from smoking pot. we'll
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